About Us - Press Release - CEMEX supplies concrete for Mexico’s largest petrochemical project
August 18, 2014
CEMEX, S.A.B. de C.V. (“CEMEX”) (BMV: CEMEXCPO) announced today that it is supplying 250,000 cubic meters of a variety of specialized, ready-mix concretes for the construction of the new BRASKEM IDESA-Etileno XXI Plant in Veracruz, Mexico.
The plant, which will produce ethylene and polyethylene, is the largest petrochemical investment in Mexico in the past 20 years. CEMEX began as a supplier for this project in 2012 with the construction of the foundation. As of today, the company has delivered 80% of the 250,000 cubic meters of concrete required for the project. Etileno XXI is expected to commence operations in 2015, producing more than 1 million tons of ethylene and polyethylene annually.
“We are very proud to be participating in this massive industrial project in Mexico,” said Juan Romero, President of CEMEX Mexico. “This clearly exemplifies the way our portfolio of special products offers building solutions capable of prevailing in even the most challenging projects.”
Among the specialized concretes CEMEX is delivering for this complex construction are its self-compacting concrete, high-resistance concrete, and architectural concrete.
Etileno XXI is a project developed by BRASKEM IDESA, a company that outsourced the engineering, procurement, and construction of the plant to a consortium comprised of Odebrecht, Technip, and ICA Fluor.
CEMEX is a global building materials company that provides high-quality products and reliable services to customers and communities in more than 50 countries. CEMEX has a rich history of improving the well-being of those it serves through innovative building solutions, efficiency advancements, and efforts to promote a sustainable future.
This press release contains forward-looking statements and information that are necessarily subject to risks, uncertainties and assumptions. Many factors could cause the actual results, performance or achievements of CEMEX to be materially different from those expressed or implied in this release, including, among others, changes in general economic, political, governmental and business conditions globally and in the countries in which CEMEX does business, changes in interest rates, changes in inflation rates, changes in exchange rates, the level of construction generally, changes in cement demand and prices, changes in raw material and energy prices, changes in business strategy and various other factors. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described herein. CEMEX assumes no obligation to update or correct the information contained in this press release.
CEMEX Contact Information